FinCrime Risk Manager (Sanctions)

About Revolut

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 45+ million customers get more from their money every day.

As we continue our lightning-fast growth,‌ 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to WorkTM. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

FinCrime is a key team that ensures Revolut’s products and processes meet global AML/CTF and Sanctions regulatory requirements and translate these into the best customer outcomes. They’ve got an outstanding ability to find solutions and carry out testing in a purely digital environment. Those data-driven experts know that better people and machines are the most effective way of managing compliance risk 🎯

We aim to prevent fraud more effectively than traditional financial institutions and use small and nimble teams powered by smart data to do this. We’re looking for an experienced and pragmatic FinCrime Risk Leader with a robust background in banking sanctions, covering both retail and business.

You’ll use your proven track record of identifying opportunities to enhance our sanctions risk management for effectiveness and efficiency, and drive projects from conception to successful implementation. We need a data-driven leader who excels under tight deadlines and is adept at leading teams to deliver results in a dynamic environment.

Up for the challenge? Let’s get in touch 🚀

What you’ll be doing

• Overseeing the design, implementation, and maintenance of the sanctions compliance programme
• Ensuring all business activities comply with international sanctions regulations (OFAC, UN, EU, etc.)
• Managing and responding to sanctions-related alerts and investigations, ensuring timely and accurate reporting to relevant authorities
• Supervising the development and enhancement of screening systems to detect and prevent sanctioned activity
• Ensuring the effectiveness of customer, transaction, and third-party screening processes
• Overseeing the implementation and optimisation screening tools and technologies to improve efficiency and accuracy
• Developing and updating sanctions and screening policies, procedures, and guidelines
• Ensuring staff is adequately trained on sanctions and screening policies and procedures
• Identifying and assessing sanctions and screening risks, implementing appropriate risk mitigation strategies
• Conducting regular risk assessments and thematic reviews to ensure compliance with regulatory standards
• Reporting on sanctions and screening risks and mitigation efforts to senior management
• Monitoring regulatory changes, ensuring timely implementation of new requirements
• Representing the company in external audits and regulatory inspections

What you'll need

• 6+ years of financial crime experience, working in either consultancy or financial institutions in Sanctions Financial Crime Compliance (FCC) and Risk Management
• Excellent knowledge of global requirements for sanctions controls
• Experience performing detailed sanctions and financial crime risk assessments, and assessing, designing, and testing controls
• A good understanding of both traditional and innovative financial services products (crypto, buy-now-pay later, etc.) and associated financial crime risks
• Proficiency in performing detailed and efficient research of regulatory requirements, industry guidance, and case studies in relation to new markets or products
• An understanding of industry-wide financial crime practices and trends
• Solid analytical, critical thinking, and decision-making skills
• To be highly organised with a structured working style
• Impressive report writing and presentation skills
• Excellent stakeholder management skills
• Fluency in English with impeccable communication skills

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.
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